The Gross Domestic Product (GDP) in Belgium was worth 529.61 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Belgium represents 0.44 percent of the world economy. source: World Bank

GDP in Belgium averaged 219.72 USD Billion from 1960 until 2019, reaching an all time high of 542.69 USD Billion in 2018 and a record low of 11.66 USD Billion in 1960. This page provides the latest reported value for - Belgium GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Belgium GDP - values, historical data and charts - was last updated on December of 2020.

GDP in Belgium is expected to reach 495.00 USD Billion by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Belgium GDP is projected to trend around 512.00 USD Billion in 2021 and 530.00 USD Billion in 2022, according to our econometric models.

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Belgium GDP

Actual Previous Highest Lowest Dates Unit Frequency
529.61 542.69 542.69 11.66 1960 - 2019 USD Billion Yearly
Current USD

Belgium GDP Last Previous Highest Lowest Unit
GDP Growth Rate 11.40 -11.80 15.80 -11.80 percent [+]
GDP Annual Growth Rate -4.50 -13.90 19.40 -13.90 percent [+]
GDP 529.61 542.69 542.69 11.66 USD Billion [+]
GDP Constant Prices 106220.00 94660.00 111572.00 71093.00 EUR Million [+]
Gross National Product 106045.80 110364.70 125911.80 21890.00 EUR Million [+]
Gross Fixed Capital Formation 23685.00 21331.00 27144.00 6663.00 EUR Million [+]
GDP per capita 47540.90 47116.40 47540.90 13020.50 USD [+]
GDP per capita PPP 51707.80 51246.00 51707.80 35535.20 USD [+]
GDP From Agriculture 805.00 463.00 866.00 270.00 EUR Million [+]
GDP From Construction 4925.00 4667.00 5806.00 2647.00 EUR Million [+]
GDP From Manufacturing 14840.00 13428.00 16096.00 11486.00 EUR Million [+]
GDP From Public Administration 13313.00 14404.00 14881.00 10357.00 EUR Million [+]
GDP From Services 16265.00 13837.00 19122.00 13837.00 EUR Million [+]


Belgium GDP
The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time.
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